Dogecoin / TetherUS
Panjang

🔥 DOGE's Monster Sell-Off Potentially Ended

1 325
Around 4 months ago I made an analysis on DOGE where I wrote that I expected DOGE to sell-off much further. $0.05 to $0.03 were my bearish targets. Congratulations if you took the trade.

🔥 DOGE: It's Not Looking Good


As of now, we've indeed bounced off the $0.05 support area. This area functioned as a spring for DOGE's final rally, so it was to be expected that buyers were waiting for that area to be reached.

My long-term outlook is still bearish. However, after >1 year of selling off, I think we're due some kind of bounce.

My target is the top resistance of the bearish channel.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.